Bargaining among Groups: An Axiomatic Viewpoint

Suchan Chae and Herve Moulin ()
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Suchan Chae: Rice U

Working Papers from Rice University, Department of Economics

Abstract: We introduce a model of bargaining among groups, and characterize a family of solutions using a Consistency axiom and a few other invariance and monotonicity properties. For each solution in the family, there exists some constant alpha >= 0 such that the "bargaining power" of a group is proportional to calpha where c is the cardinality of the group.

JEL-codes: C71 (search for similar items in EconPapers)
Date: 2004-01
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Persistent link: http://EconPapers.repec.org/RePEc:ecl:riceco:2004-01

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